Link to purport by A C Bhaktivedanta Swami Srila Prabhupada

Transcript of Bhakti-Shastri class on this verse by Chaitanya Charan

So in 10.3 He describes first half of the benefit and 10.7 second half:

Bg 10.3

yo mām ajam anādiṁ ca
vetti loka-maheśvaram
asammūḍhaḥ sa martyeṣu
sarva-pāpaiḥ pramucyate

Word for word: 

yaḥ — anyone who; mām — Me; ajam — unborn; anādim — without beginning; ca — also; vetti — knows; loka — of the planets; mahā–īśvaram — the supreme master; asammūḍhaḥ — undeluded; saḥ — he; martyeṣu — among those subject to death; sarva–pāpaiḥ — from all sinful reactions; pramucyate — is delivered.

Translation: 

He who knows Me as the unborn, as the beginningless, as the Supreme Lord of all the worlds – he only, undeluded among men, is freed from all sins.

 

yo mām ajam anādiṁ ca, so first thing understand that I am beyond understanding of time. There is no beginning and there is no end to Me. 

Now actually the Atma is also ajam and anadim, and Brahma Ji is also called Aja sometimes, so what special about Him, vetti loka-maheśvaram,  the atam is never loka-maheśvaram, Brahma Ji is also Loka Mahesvar, He is lord of Brahma Loka but not of all planets.

Serva loka-maheśvaram same compound word Krishna is using here, as in 5.29 in BG, I am beyond time and controller of everyone. I am the supreme being. 

asammūḍhaḥ sa martyeṣu, asammūḍhaḥ such a person is undeluded so mudha is delusion and asammūḍhaḥ is one who is free from delusion, sa martyeṣu, all people in this world is martya, all of us are meant for death ultimately, but sarva-pāpaiḥ pramucyate, when we come to know Krishna we become free from all sins, Krishna has talked same in 4th chapter (4.10) Puta, by knowing about Me all become purified. 

Actually impurity means misdirected desires that our desires are directed towards worldly objects. So knowing Krishna is transformational to our heart becomes attracted to Krishna and not remain attached towards worldly object. 

Hearing about Krishna is also purifying.

Maya means when we feel something is valuable but it is not connected with Krishna. 

Karma Kandi thinks this is auspicious and this is not so I will do this and not this.

Gyani thinks everything is cause of bondage so I will not do anything.

Devotees uses everything is the service of Krishna.

End of transcription.