। ॥ ३४६ ॥
In plain words
True discrimination, born of clear understanding, tells apart the seer from the seen right down to their essence - and in doing so, it cuts through the very knot of delusion that māyā tied. Once that knot is cut, for the one now free, saṃsāra never returns.
Close to the Sanskrit
Correct discrimination, born of clear understanding, having distinguished the true nature of the seer and the seen, cuts through the bond of delusion created by māyā - because of which, for the liberated one, there is no more saṃsāra.