Digital products such as books, movies, games, apps and e-books purchased by Australians from overseas could soon attract the GST.

Treasurer Scott Morrison introduced draft laws to Parliament on Wednesday seeking to level the playing field between Australian and overseas business.

A software subscription service provided by an Australian company now attracts the GST, but one based overseas does not.

If the legislation clears Parliament, overseas companies will have to collect and remit GST on products purchased by Australian consumers.